With the recent bankruptcy of Entertainment Publications, its former competitor, SaveAround, is being approached by many organizations who suddenly find themselves without discount savings benefits or a coupon book fundraiser
Binghamton, NY (via PRWEB) March 16, 2013
After Michigan based coupon book publisher, Entertainment, closed its doors on Tuesday, SaveAround's management announced that while their industry lost its largest competitor, their business is growing and will continue to be a reliable partner for fundraising groups and merchants across the country.
While both Entertainment and SaveAround are recognized as distributors of money saving coupons, SaveAround emphasizes that, at its roots, it is a fundraising company and its mission is to help schools and non-profit groups. Over the past few years, Entertainment Publications shifted focus from its fundraising division toward direct to consumer sales, mobile sales, and private label content.
With Entertainment’s sudden closure, SaveAround became the nation’s leader in the coupon book industry.
“What do you do when you suddenly find out your number one competitor no longer exists? It’s unfortunate to hear about the hundreds of jobs lost, fundraising contracts that might go unfulfilled, and the uncertainty of customers, but with any change does come opportunity. Our company is in a nice position to help on all fronts,” said the President of SaveAround, Luke Stanton.
SaveAround is a local family owned and operated company that helps thousands of community groups and scholastic organizations raise millions of dollars every year. Each of its 76 editions of local discount savings books, for cities in the US and Canada, are filled with $2,500 - $6,500 of local coupons for dining, recreation, services, and retail establishments. For more information, please visit http://www.savearound.com.
UPDATE: Entertainment Publications was sold to Lowell Potiker of HSP-EPI Acquisition LLC and returned to business on April 23, 2013.
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